• Video
  • 4 Minutes

The Value Balancing Alliance

We are proud to show you our first video today. It was created to present the Value Balancing Alliance from our members' perspective. Six member companies volunteered to speak to the camera and say what benefits they see in a VBA membership, what VBA provides, and how they profit from the alliance. 

Produced by: GO7 AG 

Special thanks to: Bryan Hembach, Kai Kemper und Niklas Wolfmeyer.

 

The Value Balancing Alliance e.V. (VBA) is a non-profit organization with the ambition to change the way company performance is measured and valued. The alliance’s objective is to create a global standard for monetizing and disclosing positive and negative impacts of corporate activity and to provide guidance on how these impacts can be integrated into business steering. VBA was founded in June 2019 and represents several large international companies, including Anglo American, BASF, Bayer, BMW, Bosch, Deutsche Bank, DPDHL, Dräger, Holcim, Kering, Kirchhoff, L’Oréal, Michelin, Mitsubishi Chemical, Novartis, Otto, Porsche, Posco, Roche, Sana Kliniken, SAP, Schaeffler, Shinhan Financial Group, SK, ZF. The alliance is supported by the four largest professional services networks – Deloitte, EY, KPMG, and PwC – as well as by the OECD and leading academic institutions. Furthermore, in partnership with the Capitals Coalition, the alliance receives funding from the EU through its LIFE program for the Environment and Climate Action and is a member of the EU Platform Sustainable Finance. 

VBA’s methodology (Value to Society) covers economic, environmental, social, and human capital impacts of business activities along the entire value chain (Upstream – Own Operations – Downstream), thus encompassing the total value that a company creates. Each indicator is based on impact pathways (Input – Output – Outcome – Impact) developed based on scientific research and empirical evidence.